Sanctuary Advisors LLC Raises Stock Holdings in Invesco Variable Rate Preferred ETF $VRP

Sanctuary Advisors LLC increased its stake in Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 6.5% during the 1st quarter, Holdings Channel reports. The firm owned 417,981 shares of the company’s stock after purchasing an additional 25,629 shares during the quarter. Sanctuary Advisors LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $10,023,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. International Assets Investment Management LLC purchased a new position in Invesco Variable Rate Preferred ETF in the 4th quarter worth approximately $51,000. Private Trust Co. NA raised its position in shares of Invesco Variable Rate Preferred ETF by 165.2% during the 4th quarter. Private Trust Co. NA now owns 2,209 shares of the company’s stock valued at $54,000 after buying an additional 1,376 shares in the last quarter. LFA Lugano Financial Advisors SA raised its position in shares of Invesco Variable Rate Preferred ETF by 136.8% during the 4th quarter. LFA Lugano Financial Advisors SA now owns 5,067 shares of the company’s stock valued at $123,000 after buying an additional 2,927 shares in the last quarter. Luken Investment Analytics LLC bought a new stake in shares of Invesco Variable Rate Preferred ETF during the 4th quarter worth $135,000. Finally, Ascentis Independent Advisors bought a new stake in shares of Invesco Variable Rate Preferred ETF during the 1st quarter worth $141,000.

Invesco Variable Rate Preferred ETF Trading Up 0.1%

Shares of NYSEARCA:VRP opened at $24.38 on Friday. Invesco Variable Rate Preferred ETF has a 52-week low of $23.71 and a 52-week high of $24.93. The firm has a fifty day moving average of $24.34 and a 200 day moving average of $24.34.

Invesco Variable Rate Preferred ETF Company Profile

The Invesco Variable Rate Preferred ETF (VRP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of variable- and floating-rate preferred stocks. VRP was launched on May 1, 2014 and is managed by Invesco.